168-198 CALLE MONTERREY, San Juan 00920
Industrial - SAN JUAN, PR
- Added:
- Jun 2, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 8 at 12:06 am
Property Features for 168-198 CALLE MONTERREY
General Information
- Property type
- Commercial Sale
- Property subtype
- Industrial
- Zoning
- I-2
- Standard status
- Active
- APN
- 062-045-003-06-001
- Size
- 14,000 SF
- Lot size
- 0.19 Acres
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Flooring type
- Carpet
- Building materials
- Concrete
- Architectural style
- Other
Listing agent Fernando Rodriguez License #19191 (787) 706-8400
Listing office KELLER WILLIAMS GRAND HOMES 612 Aldebaran St., San Juan (787) 706-8400
Listing date Jun 2, 2026
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑story industrial/flex building built in 1985 with 14,000 SF total area
- Ground floor includes 7,000 SF warehouse with 20–25 ft clear height and roll‑up door forklift access
- Warehouse features polished epoxy concrete floors and high‑bay LED lighting
- Second floor offers 7,000 SF office/operational build‑out, including 60 Cat 6 ethernet data drops for voice and data
- Executive live/work suite includes 3 bedrooms, 1 bathroom, and a remodeled kitchen with living and dining areas
- Professionally installed IT and security infrastructure included; delivered vacant at closing
Overview
The building is located at 168-198 Calle Monterrey in San Juan, within the metropolitan industrial corridor described in the offering. The property sits on an approximately 0.19-acre lot and is zoned I-2. Following a comprehensive 2024 renovation, it is delivered vacant at closing, with professionally installed IT and security infrastructure included in the sale.
For tenants or owner-users seeking a combined warehouse and office or operational setup, this configuration supports flexible day-to-day use. The office build-out is call center ready with 60 Cat 6 Ethernet data drops for voice and data, and there is a secondary 9U network cabinet with dedicated data drops. With forklift-accessible warehousing and integrated technology features, the space is positioned for immediate operational use without requiring renovation work after close.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $336.0k | $24.00 |
| − Vacancy | −$16.1k | −$1.15 |
| EGI | $319.9k | $22.85 |
| − OpEx | −$120.0k | −$8.57 |
| NOI | $199.9k | $14.28 |
Alternative Uses
Current Use by Public Records
Map
- City
- San Juan
- County
- San Juan
- State
- Longitude
- -66.0987134
- Latitude
- 18.4219736